You will find that a Snap-on franchise has a relatively low initial license fee, a low monthly fee, no advertising fee and no initial training fee. And, since you have a mobile store, you don't have all the expense most fixed-site franchises have, and you won't even have employee expenses unless you choose to expand your operation. This lower overhead makes it easier for you to invest in your business and build your equity and net worth.
Depending on how you pay for various parts of the business and including whether you buy or lease your mobile store, total investment can vary. Snap-on estimates:
- The total initial investment range for a Standard Snap-on Franchise is between $133,578-$310,178.
- The out-of-pocket up-front cost is between $39,334-$52,000.
You will receive our Franchise Disclosure Document (FDD) and a simple worksheet that will help you develop a budget. You can contact existing franchisees for help in completing the worksheet so you can get an understanding of potential earnings.